Editor's note: It's time to recap the top stories on CultureMap from this past week.

1. Pioneering Midtown Houston restaurant announces closing date. Charles Clark and Grant Cooper confirmed all the rumors — they will shutter Ibiza in February.

2. Owner of luxury River Oaks District movie theater files for bankruptcy. iPic's theater in River Oaks District remains open while it seeks to restructure $291 million in debt.

3. Historic Houston Farmers Market's exciting transformation digs in with groundbreaking ceremony. Chef Chris Shepherd says he has "about 50 things" in mind for the restaurant he'll open at the market, which is about to receive a number of upgrades.

4. Downtown's newest food hall dishes out highly anticipated grand opening date. Understory's cocktail bar and five restaurants will celebrate their official grand opening starting Monday, August 12.

5. Ken Hoffman brags on West University, the best city to live in Texas, and the place he calls home. "It’s nice to see that West U topped a list of great places to live, but if you live here, you already knew that."